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Cable Update (GBPUSD)

  • #764,401
  • Aug 4, 2023 11:51am Aug 4, 2023 11:51am
Quoting dantpm
{quote} Drinking Coors, that explains why you gave up beer!
Is Coors beer?? I have heard otherwise. . .
To free Gazans of Hamas, use whatever it takes.
  • #764,402
  • Aug 4, 2023 11:51am Aug 4, 2023 11:51am
Quoting T721
{quote} Just wondering Do you think our boy Caleb caught all this move.... Prolly come back later to say he did
He's probs passed out drunk by now, did you not see the mess he was in earlier
  • #764,403
  • Aug 4, 2023 11:52am Aug 4, 2023 11:52am
Quoting DrDave
{quote} How can there be "too much noise"? In fact, how can there be ANY noise when EVERY bar of EVERY TF is created from the SAME tick data??????? The OHLC of every bar on M1 FILTERED OUT every bit of tick data EXCEPT FOR those four pieces, OHLC. Likewise, every bar of every other TF has FILTERED OUT every bit of tick data except for the OHLC. So, where is the noise????? But lets say that there is indeed noise in the tick data. Then for M1 to be "noisy", the 4 values that are selected out of all of the tick data during that 1-minute interval somehow...
Dont go on you tube much and i dont look at tick. i trade freestyle
  • #764,404
  • Aug 4, 2023 11:54am Aug 4, 2023 11:54am
Quoting DrDave
{quote} Is Coors beer?? I have heard otherwise. . .
It used to be back in my day but i dont know if its still a thing today
  • #764,405
  • Aug 4, 2023 11:55am Aug 4, 2023 11:55am
Quoting Bones
I now give the daily a 96% chance of printing bullish. {image}
It is possible but the picture you present is only looking at a very small segment of the larger market in play

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 58 KB
Follow The Markets Structure - Patience and Discipline
  • #764,406
  • Aug 4, 2023 11:56am Aug 4, 2023 11:56am
Quoting Scotteyy
{quote} Do you do all your trading on the 1 minute? I've considered trading solely on the 1m for a bit to see how it goes. Seems like you would get plenty of set ups to keep you busy, only downside would be spreads being proportionately bigger I guess.
I follow my analisys, but i use the chart M1 for to open and close the trades.

check the analisys.

https://www.forexfactory.com/thread/...5#post14522885
https://www.forexfactory.com/thread/...7#post14523217
https://www.forexfactory.com/thread/...3#post14524223
Together we can be strongest
Vantage Return This Month: na
  • #764,407
  • Aug 4, 2023 11:56am Aug 4, 2023 11:56am
Quoting Scotteyy
{quote} He's probs passed out drunk by now, did you not see the mess he was in earlier
I missed the mess, damn !!! will take a look back later. Just leaving for the gym now, still tryna get some fat off my lazy ass
  • #764,408
  • Aug 4, 2023 11:57am Aug 4, 2023 11:57am
Have a good weekend folks! If this stays above 12780 next week I’m looking for a move above 12850 next week. Naturally unless data brings it all down.
Insane in the Brain..
  • #764,409
  • Aug 4, 2023 12:03pm Aug 4, 2023 12:03pm
Quoting Fx3423454
{quote} INCORRECT. I SAID I WAS BUYING AT ASIA OPEN AND THEN THEN SHORTING BEFORE THE AUD RATE DECISION WHICH WAS SEVERAL HOURS LATER. I DELETED THE POST BECAUSE I KNEW A STUPID IDIOT LIKE YOURSELF WOULD NOT BE ABLE TO COMPREHEND WHAT I SAID AND THEN TRY TO CREATE A FALSE NARRATIVE REGARDING MY COMMENTS. YOU HAVE PROVED THAT I WAS 100% CORRECT IN MY ASSESMENT. I'VE EVEN GIVEN YOU PROOF OF THE TRADE AND YOU STILL ARE LYING AND TRYING (BUT FAILING) TO CREATE A FALSE NARRATIVE. NOW EVERYONE ON THIS THREAD KNOWS THAT YOU ARE A LYING SLANDEROUS FRAUD....
jeeeZzz you won one? Congratulations!
People don't plan to lose. They lose because they don't plan.
  • #764,410
  • Aug 4, 2023 12:05pm Aug 4, 2023 12:05pm
Quoting Fardeen1209
{quote} Mr Coreg mind i get your EW opinion, Wave still in play? {image} Was expecting 30 mins timeframe wave (ii) to be a spike higher in case NFP is bad but close below starts of Wave (i)
Fardeen, lovely analysis. You are on the fast track to be very good at it.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 08.04 30M.png Size: 71 KB

here is the end of the possible move with 2 zones for the end of potential wave 5.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 08.04 3M.png Size: 37 KB
Always trade your own plan...I don't provide trading signals.
  • #764,411
  • Aug 4, 2023 12:09pm Aug 4, 2023 12:09pm
Quoting pipfarm
{quote} Far from moving into any week 2 when price is nowhere near W1 yet, so current up move at the present moment is an H4 subdivision of D1 {image}
Actually, the H8 tracked along with the H4. So H8 was the largest TF that was in that rally. And after H8 returned down, H4 turned up, as you show with the latest red up line. But H8 is also running up with it. And H8 builds H32 which is a bit over D1. Hence, D1 trying to move into a corrective rally.

I'm not sure where you got W2 into the current analysis. I mentioned in this post to show that for the up move to that highest high, it was the W2 that went up without any corrective pullback. Then the drop from that high is W1 falling. So all of the TFs below W1 will be making corrective rallies to W1. And thus far, the rallies have progressed up through H8. And with an H8 up trend building D1+, as long as H8 return down does not fail, then its return up will continue to take D1+ higher.
To free Gazans of Hamas, use whatever it takes.
  • #764,412
  • Aug 4, 2023 12:11pm Aug 4, 2023 12:11pm
Quoting LetsGoPitt
I'm out! My Elliott Wave analysis still stands . Now I'm only one trade away to becoming a funded trader. My plan is to wait this out and buy the new pullback, because I think that in this instance it won't matter whether the new wave is going to be A/1. That is if everything goes according to my plan . GBP/USD 4H {image} EUR/USD 4H There was a better setup on the EUR/USD. Bullish divergence before price went up. {image} Have a good weekend!
Just a thought . . . What about the possibility of 1 trade away from being TWO trades away from becoming a funded trader?
To free Gazans of Hamas, use whatever it takes.
  • #764,413
  • Aug 4, 2023 12:16pm Aug 4, 2023 12:16pm
Quoting T721
{quote} Just wondering Do you think our boy Caleb caught all this move.... Prolly come back later to say he did See you on zoom tomorrow pal
Nothing to think about. Of COURSE he did! It's OBVIOUS: If there was a good move to talk about, he CAUGHT it. Just look at the chart that he posts and you will see it for yourself. In right near the bottom, out right near the top--like every one of his trades. His system makes taking candy from a baby look like a near impossibility.
To free Gazans of Hamas, use whatever it takes.
  • #764,414
  • Aug 4, 2023 12:19pm Aug 4, 2023 12:19pm
Quoting pipfarm
{quote} Honestly, without knowing what your using to define these swings i can not make a meaningful comment which probably applies to you with regard to what i am using. I trust that my W1 is correct because i have seen it in action for over 20 years now, so i know for sure what i am showing is W1 with D1 subs and D1 with H4 subs, of course there are all sort of other timeframes in between so i get what your saying.
I use the indicator lines changing color for swing change, exactly as I posted. And as you do, I use smaller TFs to build a larger TF swing.
To free Gazans of Hamas, use whatever it takes.
  • #764,415
  • Aug 4, 2023 12:20pm Aug 4, 2023 12:20pm
Quoting T721
{quote} Dont go on you tube much and i dont look at tick. i trade freestyle
Ah, OK, so you indeed did not give much thought to what you posted.
To free Gazans of Hamas, use whatever it takes.
  • #764,416
  • Aug 4, 2023 12:22pm Aug 4, 2023 12:22pm
Quoting DrDave
{quote} Just a thought . . . What about the possibility of 1 trade away from being TWO trades away from becoming a funded trader?
That is always possible! Just trying to look on the bright side.
  • #764,417
  • Aug 4, 2023 12:22pm Aug 4, 2023 12:22pm
there goes another 24hrs how time flies when having fun...
Attached Image (click to enlarge)
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  • #764,418
  • Aug 4, 2023 12:26pm Aug 4, 2023 12:26pm
Quoting Waveskierrob
{quote} SHORT EURGBP again @ 11574...
well that's my two EURGBP SHORTS underwater easy come easy go ...BE 11578...
  • #764,419
  • Aug 4, 2023 12:29pm Aug 4, 2023 12:29pm
Economy no longer adding +200K jobs anymore. Trend is definitely clear. We'll see what's up with inflation next Week.
  • #764,420
  • Aug 4, 2023 12:36pm Aug 4, 2023 12:36pm
The forex market is a range inside a range

a range inside a range
a trend inside a range

daily can be in a range of 3 months
4hrs can be in a monthly range
1hr can be in a weekly range
5-15min can be in a daily range


Know ur range and apply ur risk management you have an edge .
MY OPINION NOT FINANCIAL ADVISE
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